Saxo Bank Review, Rating and Comparison

Overview

Saxo Bank Trading Accounts

Rank
7.14/10
Based on 39 Reviews
Position in Rating
1
Since 06 August, 2015
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (39) «Scam Alert» 0% (0)
Official Name
Saxo Bank
Headquarters
Saxo Bank A/S (Headquarters) Philip Heymans Allé 15 2900 Hellerup Denmark
Offices in
Cyprus, Greece, United States of America, Spain, France, Switzerland, United Arab Emirates, Italy, Netherlands, Portugal
Year founded
1992
Official Website
Official e-mail
Phone numbers
+4539774000
+30211181218
+3317894564

Saxo Bank provides Forex Broker's services since 1992. In 2001, after receiving the European license, company changed its name from Midas to Saxo Bank. This broker specialized in large investments on the international financial markets, and provides clients to trade with currencies, shares, CFDs, futures, options, metals and other. The main difference of Saxo Bank from other companies is that the company offers to traders the maximum confidentiality and reliability in the safety of funds, as well as high-speed order execution and control of online trading system.

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Rating chart

Detailed Information

Min. Position Size, lot:
0.05
Min. Account Size, $:
10000
Max. Leverage
1:200
Spread:
2.0
Payment Options:
Bank Wire Transfer, Visa \ MasterCard
Regulation:
ASIC, Banque de France, FCA, FSA
US Traders:
Demo Platforms:
Own platform
Account Currency:

USD, EUR

Website Languages:
English, Spanish, Russian, German, Portuguese, French, Japanese, Chinese, Korean, Dutch
Support Languages:
English, Spanish, Russian, German, Portuguese, French, Arabic, Japanese, Chinese, Korean
Support Methods:
Callback, Phone, Email
Trading Server Timezone:
GMT
VPS for Traders:
15 euro a month
Classic
Premium
Platinum​
Min. Position Size, lot:
0.01
Min. Account Size, $:
10000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
100000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
500000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • VIP
  • Telephone dealing
  • Scalping
  • Expert advisors

Saxo Bank Reviews

avatar
14 September, 2018

Adam Tore from Romania

8

I chose a broker, and i read a lot of viewed forums, and took into account the advice of famous traders. The choice was made in favor of SAXO. Bank, input and withdrawal of funds without interest. The commission of the bank is approximately the same as that of other brokers. All documents were issued quickly. Quick set himself, activated the keys, tied the account to the terminal by phone. Quick SAXO BANK is free. The card is attached to a private office, where you can do anything with money. Another card with secret codes is given for ordering from the application broker.

avatar
13 September, 2018

Philippe from Jordan

7

Six months ago I did not even know what forex. I worked and did not think that I would ever open deals on the stock exchange. About SAXO BANK found out 2 months ago from her friend, whom I met casually on the street. His story surprised me pleasantly. So he told me that he is conducting operations on the stock exchange. If it were not for this meeting, I would not have earned the money that I have.

avatar
12 September, 2018

Sheree Beck from Portugal

9

I trade with my husband through this broker, a minimum deposit of $ 2500, this is a complicated verification, all documents will need to be mailed. But we are confident in this company!

avatar
06 September, 2018

Kuvet from Kyrgyzstan

8

I have been trading in Grand Capital for more than a year, there have been great successes, and then i have finished, money is being withdrawn on time.

avatar
14 August, 2018

Piter Sidorowich from Belarus

10

I chose the company because of the opportunity to replenish the deposit with a small amount. About trading conditions and the platform they have standard. Yes, and almost all instruments are present, as well as a demo account. I can periodically test the strategy, its very big plus for me.

avatar
13 August, 2018

Ildar Djumehov from Russian Federation

8

Normal broker but it isnt the best among all. Here is a normal platform for trade, money seems to be withdrawn, although sometimes it is delayed. But I dont want to praise them, sometimes even the best brokers fall in the rating.

avatar
03 August, 2018

Martin Lee from South Korea

9

Experience with this company for more than 2 years. I dont have a negative to the work of this broker. Quick execution of orders, a clear conclusion of profits. Managers dont get bored, support all the problems arising quickly and competently decides. Spreads over the past year have been reduced in order.

avatar
03 August, 2018

Gertrud from Romania

9

At first i started with free forex courses, then i began to practice more on a demo account + also i received training materials from the managers of the company. Then i moved to a real account and began to receive a stable small but profitable. It became much clearer how to work and cooperate with them.

avatar
01 August, 2018

Gven Kwan from Vietnam

8

Everyone has their own criteria in choosing a broker. Its important for me first of all, of course the time of the broker's work, how many years its on the market, then - the technical conditions of the broker, and, finally, their conclusion. All these requirements are met by this broker.

avatar
01 August, 2018

Peeters from Norway

10

The way a broker treats his traders in many ways characterizes a broker. If technical support is sensible, if it really helps raiders in the trade, then there will be more trust in such an office. And i work with them long time. Best broker for me.

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